Karachi, Faysal Bank Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on December 14, 2020 at Karachi to consider Budget of the Bank for the year 2021 besides other agenda items is in progress.
Faysal Bank Limited was incorporated in Pakistan on October 3, 1994. The foundations of the company were laid as a public limited company under the Companies Ordinance, 1984. Ithmaar Bank B.S.C., a Bahrain based retail bank, is the parent company of the bank. The business activities of the bank include commercial banking, consumer banking, corporate banking and Islamic banking activities. The bank has a branch network comprising of over more than 265 branches in around 80 cities of Pakistan. The registered office of the bank is situated in Karachi. The stocks of the bank are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan.
The bank provides products to its customers in the field of personal and business banking. This includes deposits products, retail services, lending and insurance solutions. In the business banking the services related to corporate and agri solutions are provided.
The symbol “FABL” is being used by the stock exchange for the shares of Faysal Bank Limited.